Japan is feeling the pressure of China’s moves forward with a digital yuan, with lawmakers calling for the G7 to put CBDCs on its 2020 agenda. Japan is feeling the pressure of China’s strident moves forward with a digital yuan. According to a Feb. 7 Reuters report, top lawmakers in the country are calling on […]
Continue Reading
WRX, the first IEO from any Indian exchange, can strengthen sentiments of Indian crypto industry amid an ongoing battle over the status of crypto. Despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India, WazirX — the Indian cryptocurrency exchange recently acquired by Binance — launched its WRX coin through an initial […]
Continue Reading
A mining farm is being shut down in China due to the coronavirus outbreak. Due to the Coronavirus outbreak in China, the government has taken a series of measurements to keep the situation under control. Businesses are being affected across the nation. With the existing quarantine control, people are staying right at where they are […]
Continue Reading
United States SEC Commissioner Hester Peirce aka “Crypto Mom” has formally proposed a safe harbor from SEC registration for decentralized token projects. United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects. After initially floating the idea in August 2019, Peirce has now formally presented a regulatory […]
Continue Reading
The Australian government is going to release its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. The Australian government is going to launch its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. It has been almost a year since the country’s Ministry for Industry, Science and Technology […]
Continue Reading
The Ugandan government is reported to be making moves in banning pyramid schemes, which may put additional restriction for cryptocurrency usage and reporting. Ugandan legislators are exploring the role of cryptocurrencies in connection with pyramid scheme frauds that are often found in the country, local newspaper PML Daily reported on Feb. 4. While legislators are […]
Continue Reading
The United Kingdom’s financial regulator, the Financial Conduct Authority, is looking to hire a specialist with a cryptocurrency background. The United Kingdom’s major financial regulator, the Financial Conduct Authority (FCA), is looking to hire a specialist with a cryptocurrency background. Specifically, the FCA is seeking an intelligence associate with crypto expertise to address digital assets […]
Continue Reading
RBI’s legal counsel claims crypto can adversely affect India’s financial stability. Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to crypto exchanges, companies operating within the space, and individuals seeking to explore the nascent […]
Continue Reading
The MAS’ Payment Services Act has gone into effect, setting up a framework for cryptocurrency regulation in the country. As crypto continues its foray into the mainstream financial world, more countries are recognizing digital assets legally. Singapore is the latest to join the party. On Jan. 28, the Monetary Authority of Singapore’s (MAS) Payment Services […]
Continue Reading
A Chinese tech company is building a blockchain charity platform for fighting against the coronavirus outbreak. Hyperchain’s Feb. 4 press release announced the launch of its blockchain-based platform to fight against the coronavirus epidemic. It will serve as a medical supply donations portal to support hospitals in central China. The recent outbreak of coronavirus has […]
Continue Reading